Hi, I have the same situation. But when I perform the Posting Proposal, I am out of balance by the tax amount. I would like to have this work automatically. The accounting for the receipt transaction worked beautifully. Is there something I need to adjust for the IP3 posting control? Thanks. Mark Hi, just wondering if anyone has a solution for this? Thanks, Mark
Hi,I have the same situation. But when I perform the Posting Proposal, I am out of balance by the tax amount. I would like to have this work automatically.The accounting for the receipt transaction worked beautifully.Is there something I need to adjust for the IP3 posting control? Thanks. Mark
A further question, is the tolerance % or amount +/-? To clarify, if my tolerance is set at 1%, does this mean any variance between -1% and + 1% will be within tolerance?Thanks,Mark
Thanks so much IRituma! I think option 2 may work for my application. Testing time. Mark
Thanks Adam and Tom.We are using supplier invoice workflow and it is working wonderfully.I was specifically referring to the supplier payment proposal process we have. In the supplier payment proposal window we don’t know what invoices were perfectly 3-way matched. Our process is to review every invoice to make sure we are paying the right amount for the correct quantity to the correct supplier. (each invoice has a PDF file attached of the PO, receiving and supplier invoice) And if there is a discrepancy to the PO, then we are looking for purchasing or requestors approval of this variance.If we knew what supplier payment proposal line were perfectly 3-way matched we wouldn’t review that line at all. Thanks Mark
Hi Sara, (my perspective with only being live for 6 months i.e. a rookie )M120/M121 are material variances created when a shop order is closed. The shop order looks at what was consumed by the shop order to what the recipe structure would call for at standard. To date, I have found these are quantity related; either over/under issue or substitution. I have the posting type set with Control Type AC1 going to a material usage variance account in our GL.M122 thru M125 are labor and overhead variances created when a shop order is closed. These variances should only exist if you have actual labor reporting on the shop floor. The shop order will look at the standard (routing) to determine the standard labor and overhead for that shop order. It will then compare this to what has been reported and create a variance. I have the posting type set with Control Type AC1 going to a routing variance account in our GL.This is my current understanding of these posting types. If someone, with more
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